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rev man
34問 • 1年前
  • Julliane De Vera
  • 通報

    問題一覧

  • 1

    an item or source of income

    revenue

  • 2

    the art or manner of managing or handling, controlling, directing

    management

  • 3

    is the act of skillfully, carefully, and tactfully managing, controlling, and directing sources of income

    revenue management

  • 4

    amount of space that can be filled and we may add during that particular time

    capacity

  • 5

    the amount of good that a seller is willing and able to sell for any given price

    supply

  • 6

    the amount of good that a purchaser is willing and able to buy

    demand

  • 7

    occurs when the quantity supplied is exactly equal to the quantity demanded at that point in time

    market equilibrium

  • 8

    quantity supplied exceeds the quantity demanded

    surplus

  • 9

    if the product is not sold within a given time that product cannot later be sold

    perishables

  • 10

    quantity demanded exceeds the quantity supplied

    shortage

  • 11

    the future and current value of money, domestic monetary, supply, and global monetary policies

    understanding the world of finance

  • 12

    any action taken is the lost of opportunity of taking any alternative action given the same resources

    opportunity cost

  • 13

    states that as price rises, the quantity supplied increase and as the price falls, the quantity supplied decreases

    law of supply

  • 14

    demand by buyers tend to increase as the price decrease, and tends to decrease as the price increases

    law of demand

  • 15

    whenever a 1% change in price causes more than 1% change in quantity supplied or demanded it will result in a number greater than 1

    elastic

  • 16

    demand or supply change would not change in price

    perfect elasticity

  • 17

    a 1% change in price causes less than a 1% change in quantity supplied or demanded and this will result in a number less than 1

    inelastic

  • 18

    is merely a time of year immediately before or after a peak or weak season

    shoulder season

  • 19

    also called as valley season

    weak season

  • 20

    is the act of estimating, calculating, or predicting conditions in the future

    forecasting

  • 21

    the act of estimating, calculating, and predicting consumer's demand for products and services in the future

    demand forecasting

  • 22

    a pressure placed on a market as a result of demand

    compression

  • 23

    an activity or event that causes demand to decrease

    demand drainers

  • 24

    refers to the pattern and rate at which reservations were requested and accepted

    booking pace

  • 25

    demand that is held back or confined by rules, restrictions, and availability

    constrained demand

  • 26

    naturally occurring demand that occurs in the absence of restraints and restrictions

    unconstrained demand

  • 27

    the amount of currency needed to acquire a product/ the value that customers exchange of products

    pricing

  • 28

    members are rewarded either by receiving reduced rates or increased value, such as added amenities

    loyalty program

  • 29

    value generated by a brand

    brand equity

  • 30

    the ability to observe prices

    price transparency

  • 31

    is the practice of offering special reduction in price

    discounting

  • 32

    lowest available rate per room available to the general public on a given time

    best available rate

  • 33

    the individual responsible for ensuring that a company's prices match a customer's willingness to pay

    revenue manager

  • 34

    a revenue management philosophy that places customer gain ahead of short term revenue maximisation in a revenue management decision making

    customer centric revenue management

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    問題一覧

  • 1

    an item or source of income

    revenue

  • 2

    the art or manner of managing or handling, controlling, directing

    management

  • 3

    is the act of skillfully, carefully, and tactfully managing, controlling, and directing sources of income

    revenue management

  • 4

    amount of space that can be filled and we may add during that particular time

    capacity

  • 5

    the amount of good that a seller is willing and able to sell for any given price

    supply

  • 6

    the amount of good that a purchaser is willing and able to buy

    demand

  • 7

    occurs when the quantity supplied is exactly equal to the quantity demanded at that point in time

    market equilibrium

  • 8

    quantity supplied exceeds the quantity demanded

    surplus

  • 9

    if the product is not sold within a given time that product cannot later be sold

    perishables

  • 10

    quantity demanded exceeds the quantity supplied

    shortage

  • 11

    the future and current value of money, domestic monetary, supply, and global monetary policies

    understanding the world of finance

  • 12

    any action taken is the lost of opportunity of taking any alternative action given the same resources

    opportunity cost

  • 13

    states that as price rises, the quantity supplied increase and as the price falls, the quantity supplied decreases

    law of supply

  • 14

    demand by buyers tend to increase as the price decrease, and tends to decrease as the price increases

    law of demand

  • 15

    whenever a 1% change in price causes more than 1% change in quantity supplied or demanded it will result in a number greater than 1

    elastic

  • 16

    demand or supply change would not change in price

    perfect elasticity

  • 17

    a 1% change in price causes less than a 1% change in quantity supplied or demanded and this will result in a number less than 1

    inelastic

  • 18

    is merely a time of year immediately before or after a peak or weak season

    shoulder season

  • 19

    also called as valley season

    weak season

  • 20

    is the act of estimating, calculating, or predicting conditions in the future

    forecasting

  • 21

    the act of estimating, calculating, and predicting consumer's demand for products and services in the future

    demand forecasting

  • 22

    a pressure placed on a market as a result of demand

    compression

  • 23

    an activity or event that causes demand to decrease

    demand drainers

  • 24

    refers to the pattern and rate at which reservations were requested and accepted

    booking pace

  • 25

    demand that is held back or confined by rules, restrictions, and availability

    constrained demand

  • 26

    naturally occurring demand that occurs in the absence of restraints and restrictions

    unconstrained demand

  • 27

    the amount of currency needed to acquire a product/ the value that customers exchange of products

    pricing

  • 28

    members are rewarded either by receiving reduced rates or increased value, such as added amenities

    loyalty program

  • 29

    value generated by a brand

    brand equity

  • 30

    the ability to observe prices

    price transparency

  • 31

    is the practice of offering special reduction in price

    discounting

  • 32

    lowest available rate per room available to the general public on a given time

    best available rate

  • 33

    the individual responsible for ensuring that a company's prices match a customer's willingness to pay

    revenue manager

  • 34

    a revenue management philosophy that places customer gain ahead of short term revenue maximisation in a revenue management decision making

    customer centric revenue management